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Wow. I'm emailing this to my dh, who is having to preside over an academic unit facing massive cuts and (yet again) no raises - a situation expected to continue for years to come. The point the general populace seem to miss is that this creates salaries that are not just "coasting" but actually eroding (in real dollars) from year to year.

Almost:

The general populace may miss that point, but I'm betting the affected employees don't.

Thanks for the comment!

Very interesting comps. However these are Aug. numbers, no? Do you have an update that reflects the current economic climate?

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    Compensation consultant Ann Bares is the Managing Partner of Altura Consulting Group. Ann has more than 20 years of experience consulting with organizations in the areas of compensation and performance management.

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